USDT solana Market Insights
The current price for USDT (USDT) on the Solana blockchain is $1.00042 USD. It has a 24-hour trading volume of $150,195.05 USD, with a fully diluted valuation (FDV) of $2,040,797,453 USD. The total supply stands at 381,101 tokens, while the circulating supply is 149,478 tokens. In the last hour, the price has changed by 0.00%, in the last 6 hours by 0.00%, and in the last 24 hours by 0.03%. The volume to market cap ratio is 0.00. Its contract address on the Solana network is Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB. According to additional data, USDT has 1,991,229 holders and a liquidity of $15,415,937.238246 USD. The top holders own 58.04% of the supply. It was first pooled on March 31, 2021. It is listed on the following centralized exchanges (CEXes): Binance, BVOX, KCEX, WEEX, Bybit, GroveX, Tapbit, Gate, Bitget, OKX, LBank, Ourbit, DigiFinex, MEXC, Hotcoin, Toobit, Zoomex, XT.COM, Coinstore, KuCoin, BitMart, Crypto.com Exchange, Bitrue, HTX, Hibt, AscendEX (BitMax), P2B, Slex, Bitunix, WhiteBIT, OrangeX, Biconomy.com, Pionex, BigONE, Bullish, BingX, Trubit, CoinEx.
USDT Token solana Description
Tether USDt (USDT) is a cryptocurrency and operates on the Ethereum platform. Tether USDt has a current supply of 157,826,220,741.94337424 with 155,719,756,688.51344689 in circulation. The last known price of Tether USDt is 1.00054209 USD and is up 0.01 over the last 24 hours. It is currently trading on 133179 active market(s) with $61,636,315,820.68 traded over the last 24 hours. More information can be found at https://tether.to.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex).
The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that.
USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.
Frequently Asked Questions
On which centralized exchanges is USDT token listed?
USDT token is listed on the following centralized exchanges (CEXes): Binance, BVOX, KCEX, WEEX, Bybit, GroveX, Tapbit, Gate, Bitget, OKX, LBank, Ourbit, DigiFinex, MEXC, Hotcoin, Toobit, Zoomex, XT.COM, Coinstore, KuCoin, BitMart, Crypto.com Exchange, Bitrue, HTX, Hibt, AscendEX (BitMax), P2B, Slex, Bitunix, WhiteBIT, OrangeX, Biconomy.com, Pionex, BigONE, Bullish, BingX, Trubit, CoinEx.
On which decentralized exchanges is USDT token available?
There are no known decentralized exchange listings for this token.
Is USDT (USDT) safe?
The organic trader score for USDT is 100.00% (labeled as high), indicating the level of genuine trading activity. The token contract is verified on Solana. Audit details: Top holders own 58.04% of the supply.
How to buy USDT (USDT) Token?
To buy USDT (USDT) token on Solana, you can use one of the centralized exchanges where it is listed: Binance, BVOX, KCEX, WEEX, Bybit, GroveX, Tapbit, Gate, Bitget, OKX, LBank, Ourbit, DigiFinex, MEXC, Hotcoin, Toobit, Zoomex, XT.COM, Coinstore, KuCoin, BitMart, Crypto.com Exchange, Bitrue, HTX, Hibt, AscendEX (BitMax), P2B, Slex, Bitunix, WhiteBIT, OrangeX, Biconomy.com, Pionex, BigONE, Bullish, BingX, Trubit, CoinEx.
Here are the general steps to buy on a centralized exchange:
- Create an Account: Sign up on the exchange (e.g., Binance) and complete the KYC verification if required.
- Deposit Funds: Deposit funds (such as USDT, BTC, or SOL) into your exchange wallet.
- Find the Trading Pair: Search for the USDT/SOL or USDT/USDT trading pair.
- Place a Buy Order: Enter the amount of USDT you want to buy and place a market or limit order.
- Store Safely: Once the purchase is complete, you can leave the tokens in the exchange wallet or transfer them to a personal Solana wallet like Phantom for added security.
How to sell USDT (USDT) Token?
To sell USDT (USDT) token on Solana, you can use one of the centralized exchanges where it is listed: Binance, BVOX, KCEX, WEEX, Bybit, GroveX, Tapbit, Gate, Bitget, OKX, LBank, Ourbit, DigiFinex, MEXC, Hotcoin, Toobit, Zoomex, XT.COM, Coinstore, KuCoin, BitMart, Crypto.com Exchange, Bitrue, HTX, Hibt, AscendEX (BitMax), P2B, Slex, Bitunix, WhiteBIT, OrangeX, Biconomy.com, Pionex, BigONE, Bullish, BingX, Trubit, CoinEx.
Here are the general steps to sell on a centralized exchange:
- Transfer Tokens to Exchange: If your USDT tokens are in a personal wallet like Phantom, transfer them to your exchange wallet on Binance.
- Find the Trading Pair: Search for the USDT/SOL or USDT/USDT trading pair.
- Place a Sell Order: Enter the amount of USDT you want to sell and place a market or limit order.
- Withdraw Funds: Once the sale is complete, you can withdraw the proceeds (e.g., SOL, USDT) to your bank account or another wallet.
What is the contract address of USDT?
The contract address of USDT is Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB and it is on the solana network.
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